2009 November 19

McQuaig v Harbour Financial Inc., 2009 ABQB 678

The Alberta Court of Queen’s Bench awarded the plaintiff, Chief Executive Officer of a corporation, $75,000 general damages and $25,000 punitive damages over false accusations impeaching his honesty and integrity in memos and emails sent to the Board of the corporation, at least two outside investment brokers and an unknown number of investors through anonymous postings on Stockhouse, a website which provides financial information to subscribers and provides a group of internet chat rooms called “bullboards” where subscribers can post messages about particular stocks.